SEC 13F Intelligence

Managers / Q2 2025 · view latest →

SIT INVESTMENT ASSOCIATES INC

CIK 0000769317 · 3300 IDS CENTER, 80 SOUTH EIGHTH STREET, MINNEAPOLIS, MN, 55402 · 6123323223

Reported Value
$5M
Q2 2025
Positions
524
Filings on Record
32
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Sit Investment Associates Inc reported $5M in U.S.-listed holdings across 524 positions for Q2 2025.

Its largest position, MSFT, represents 3.1% of the portfolio.

Compared with Q1 2025, the fund opened 24 new positions and exited 23.

Portfolio Metrics

Turnover
+8.2%
vs prior filed quarter
Top-10 Concentration
+23.4%
share of reported value
Largest Position
+3.1%
Microsoft
New / Exited
24 / 23
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $3.1BQ4 ’18Q1 ’19: $3.2BQ2 ’19: $3.2BQ3 ’19: $3.3BQ4 ’19: $3.5BQ4 ’19Q1 ’20: $2.6BQ2 ’20: $3.2BQ3 ’20: $3.4BQ4 ’20: $3.7BQ4 ’20Q1 ’21: $3.8BQ2 ’21: $4.0BQ3 ’21: $3.9BQ4 ’21: $4.3BQ4 ’21Q1 ’22: $3.7BQ2 ’22: $3.3BQ3 ’22: $3.3BQ1 ’23: $4MQ1 ’23Q2 ’23: $4MQ3 ’23: $4MQ4 ’23: $4MQ1 ’24: $4MQ1 ’24Q2 ’24: $4MQ3 ’24: $4MQ4 ’24: $4MQ1 ’25: $4MQ1 ’25Q2 ’25: $5MQ3 ’25: $5MQ4 ’25: $5MQ1 ’26: $5MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Closed-End Fund: 49.9%Common Stock: 43.5%Other: 4.1%ADR: 1.9%REIT: 0.5%Other: 0.1%
  • Closed-End Fund · 49.9% · $2M
  • Common Stock · 43.5% · $2M
  • Other · 4.1% · $192,508
  • ADR · 1.9% · $91,337
  • REIT · 0.5% · $21,595
  • Other · 0.1% · $5,235

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BHKBLACKROCK CORE BOND TRUST BHKNEW+10.05M10.05M+$97,709$97,709
FIRST TR SPEC FIN OPP FD FBDCNEW+1.42M1.42M+$5,930$5,930
LHXL3HARRIS TECHNOLOGIES INCNEW+22.4K22.4K+$5,628$5,628
XAI OCTAGN FLT RAT & ALT TR XNEW+561.3K561.3K+$3,171$3,171
WFCWELLS FARGO & CONEW+28.7K28.7K+$2,299$2,299
LMP CAPITAL & INCOME FD INC SCNEW+123.9K123.9K+$1,933$1,933
ELVELEVANCE HEALTH INCNEW+4.7K4.7K+$1,818$1,818
SOCIETE GENERALE SANEW+24.3K24.3K+$1,390$1,390

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COMMON3.07%$143,922289.3K
2NVDANVIDIA CORPhistory →COMMON2.91%$136,220862.2K
3AVGOBROADCOM INChistory →COMMON2.88%$134,885489.3K
4ANGEL OAK FINANCIAL STRAT INCCOMMON2.67%$124,9839.63M
5AAPLAPPLE INChistory →COMMON2.14%$100,234488.5K
6BHKBLACKROCK CORE BOND TRUST BHKhistory →COMMON2.09%$97,70910.05M
7BLACKROCK TAXABLE MUNI BOND TRCOMMON2.06%$96,2955.98M
8PUTNAM PREMIER INCOME TRUST PPCOMMON2.02%$94,39125.72M
9CRFCORNERSTONE TOTAL RETURN FD CRhistory →COMMON1.83%$85,83611.08M
10KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON1.78%$83,5109.45M
11PUTNAM MASTER INTERMEDIATE INCCOMMON1.69%$79,18823.64M
12MFS INTERMEDIATE INCOME TRUSTCOMMON1.52%$71,29626.31M
13BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.35%$63,0185.77M
14XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.31%$61,1755.96M
15NBBNUVEEN BUILD AMERICA BOND FD Nhistory →COMMON1.27%$59,2843.75M
16NUVEEN VAR RT PREF & INC NPFDCOMMON1.16%$54,2332.81M
17AMZNAMAZON.COM INChistory →COMMON1.15%$53,930245.8K
18GOOGLALPHABET INC - CL Ahistory →COMMON1.13%$52,820299.7K
19METAMETA PLATFORMS INC CLASS Ahistory →COMMON1.09%$51,01369.1K
20JFRNUVEEN FLOATING RATE INC FD JFhistory →COMMON1.08%$50,7255.99M
21DOUBLELINE OPP CREDIT FD DBLCOMMON1.07%$50,3063.27M
22CLMCORNERSTONE STRATEGIC VALUE FDCOMMON0.99%$46,5345.73M
23ADVENT CLAYMORE CV SEC AND INCCOMMON0.95%$44,5483.68M
24BLACKROCK TECH & PRIV EQ TERMCOMMON0.86%$40,4855.52M
25TSITCW STRATEGIC INCOME FD TSICOMMON0.84%$39,5128.10M
26NUVEEN MULTI-MARKET INC FD JMMCOMMON0.76%$35,4235.64M
27BKTBLACKROCK INCOME TR INC BKTCOMMON0.76%$35,3813.01M
28JHSJOHN HANCOCK INCOME SECURITIESCOMMON0.75%$35,2673.13M
29JPMJPMORGAN CHASE & COCOMMON0.74%$34,711119.7K
30EATON VANCE CA MUNICIPAL BONDCOMMON0.74%$34,6153.88M
31CHUBB LTDCOMMON0.70%$32,574112.4K
32NEUBERGER BERMAN REAL ESTATE SCOMMON0.65%$30,3749.43M
33PIONEER MUNI HIGH INC OPP MIOCOMMON0.65%$30,2542.56M
34UNHUNITEDHEALTH GROUP INCCOMMON0.62%$29,03293.1K
35LLYELI LILLY & COCOMMON0.60%$28,23336.2K
36ANETARISTA NETWORKS INCCOMMON0.60%$27,926273.0K
37FMYFIRST TR MORTGAGE INCOME FD FMCOMMON0.59%$27,6802.27M
38FSCOFS CREDIT OPPORTUNITIES FD FSCOMMON0.59%$27,5623.80M
39GSGOLDMAN SACHS GROUP INC/THECOMMON0.58%$27,35138.6K
40EHIWESTERN ASSET GLOBAL HIGH INCCOMMON0.58%$27,0434.13M
41VVISA INCCOMMON0.57%$26,77175.4K
42MFS GOVERNMENT MARKETS INCOMECOMMON0.56%$26,2168.40M
43JLSNUVEEN MORTGAGE & INCOME FD JLCOMMON0.54%$25,5151.36M
44XENWXEATON VANCE NEW YORK MUNI ENXCOMMON0.53%$24,8042.67M
45INTUINTUIT INCCOMMON0.52%$24,57431.2K
46HDHOME DEPOT INCCOMMON0.51%$24,10165.7K
47ERCWELLS FARGO MULTI-SECTOR INC FCOMMON0.50%$23,2082.46M
48ACCENTURE PLC CL ACOMMON0.50%$23,19477.6K
49CRMSALESFORCE INCCOMMON0.48%$22,50282.5K
50ORCLORACLE CORPCOMMON0.48%$22,344102.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5M501May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025REVEALED$5M512Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$5M516Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$5M524Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4M522May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$4M530Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4M540Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$4M533Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4M523May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$4M535Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$4M532Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$4M546Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$4M534May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review542Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.3B520Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.3B515Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.7B516May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.3B515Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.9B474Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.0B531Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.8B527May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.7B523Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.4B515Nov 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$3.2B523Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.6B530May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.5B516Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.3B520Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.2B530Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.2B531May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.1B535Jan 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • SIT FIXED INCOME ADVISORS II LLC /ADV028-19972

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.